Fed up with the serious lack of parking spaces anywhere below Canal Street? Pretty soon you might — just might — have a reason to dance a jig and thank your lucky stars. The Department of Transportation (DOT) is looking to change street parking regulations in Lower Manhattan, beginning with Tribeca.

At a recent meeting of Tribeca’s Community Board 1, DOT spokeswoman Suchi Sanagavarapu announced the plans, admitting that the regulations governing street parking in Tribeca were devised when the area was an industrial and commercial hub… and do not reflect the neighborhood’s current residential state.
“Our regulations have definitely not kept up, and weâ€™ve been hearing about it from the community for years now,â€ Sanagavarapu confessed. â€œThere seems to be a mismatch in terms of what the current land uses are versus what the current parking regulations are.”